Your PM End Game

Discussion in 'Bullion Investing' started by Bman33, Jul 30, 2018.

  1. mikem2000

    mikem2000 Lost Cause

    The metal SELLERS do. Jim Willie made millions and Eric Sprott made tens of millions.
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  3. InfleXion

    InfleXion Wealth Preserver

    PMs always were the end game from the start. There's no point having them if you aren't planning to use them for money someday. They're never going to be worth anything until the suppression scheme ends, and that means no more FRNs being created to purchase things which took human labor to produce in exchange for something that took no labor to produce. It is equivalent to stealing.

    According to the Coinage Acts which are US law only gold and silver are money. In the process of disinvesting from fiat currency, I've been acquiring real money. Thus I am wealthy, because I have wealth in hand, even if that amount of wealth is small by any standard. That was my goal, and I achieved it by ridding myself of dirty unbacked currency which is not money which is by definition a store of wealth.

    Time to kick back and enjoy the good times which doesn't include paper chasing. There's a lot more to enjoy in life.
  4. Bman33

    Bman33 Well-Known Member

    You can send me all your dirty unbacked currency. I'm a big fan of it.
    V. Kurt Bellman likes this.
  5. Santinidollar

    Santinidollar Supporter! Supporter

    I haven’t had a gold dealer turn away my dirty fiat currency yet.
    V. Kurt Bellman likes this.
  6. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    This post is 100% “Bravo Sierra”. Yes, it’s widely believed Bravo Sierra, but it is what it is.
  7. Don P

    Don P Active Member

    Personally, I like collecting bullion and numismatics as a hobby and to have real metal in my hand. It's a very small portion of my portfolio.

    In the long term, you just can't beat a mix of stocks and bonds. Check out this article if you have time:

    "Over the past 30 years, the price of gold has increased by 335%. Over the same period, the Dow Jones Industrial Average (DJIA) has gained 1,255% and the Fidelity Investment Grade Bond Fund (FBNDX) has returned 672%."
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